Juul Labs plans to cut about 500 jobs by year-end, people familiar with the matter say, amid a vaping-related illness and a proposed flavor ban
Juul Labs Inc. plans to cut roughly 500 jobs by the end of the year, according to people familiar with the matter, reversing the embattled e-cigarette maker’s rapid expansion amid a mysterious vaping-related illness and a proposed ban on flavors that make up more than 80% of its U.S. sales.
The cuts are part of a broader reorganization aimed at mending the company’s damaged relationship with regulators. Besides the job cuts, Juul will trim its marketing budget and invest in new ways to reduce underage vaping.
France Dernières Nouvelles, France Actualités
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